Back to News
Market Impact: 0.35
Navient CDS Widen by Most in Eight Years as Debtholders Left Out
Source: Bloomberg
Credit & Bond MarketsM&A & RestructuringCompany Fundamentals
The cost of protection against a Navient Corp. default rose on Thursday after the company announced a restructuring that will effectively cut bondholders off from its biggest growth area. The article gives no magnitude for the increase in protection costs or further details on the restructuring.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
moderately negative
Sentiment Score
-0.40
Ticker Sentiment
NAVI-0.65
More News
- AI debt and French bonds face a stress test — why it may not be over
- Ready for a French test?: Five questions for the ECB
- SK Hynix shares slide after chipmaker scraps Solidigm IPO plans
- 10-year Treasury yield tumbles below 5% to lowest level in nearly a month
- Apple’s iPhone Duo Hits Stores in Face of Short Supply and High Demand
- OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors